Binoculars are a pair of identical or mirror-symmetrical telescopes mounted side-by-side and aligned to point accurately in the same direction, allowing the viewer to use both eyes ( binocular vision ) when viewing distant objects. Binoculars have countless practical applications for both hobbyists and professionals.

Scope of the Report:
This report studies the Binoculars market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Binoculars market by product type and applications/end industries.
The binoculars industry concentration is relatively low and high-end products are mainly from US and EU. In 2016, the top ten sales volume market share was 34.68 %. In the world wide, most manufacturers are distributed in EU, US, Japan and China. US has a long history and unshakable status in this industry, like Bushnell and Tasco, both have perfect products. And in EU, the Pulsar, Steiner and Zeiss are among the giant manufacturers. As for China, Bosma lead the industry, followed by TianLang and Visionking.
The binocular are used in hunting & shooting series, outdoor series, marine series and tactical and military series. The main application is outdoor segment, which accounts for about 35.44% in 2016. The second application is the hunting & shooting filed with consumption volume market share 20.50% in 2016.
All manufacturers in the world are committed to the improvement of their product. Chinese manufacturers can almost catch up with the world's leading technology too.
Fifth, we tend to believe this industry is now close to mature, and the degree of increasing consumption will show a smooth curve. All manufacturers in the world are committed to the improvement of their product. Chinese manufacturers can almost catch up with the world's leading technology too. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in the gross margin.
The global Binoculars market is valued at 1220 million USD in 2017 and is expected to reach 1370 million USD by the end of 2023, growing at a CAGR of 1.8% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Binoculars.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.